Multiple Choice
Anything can be money as long as it
A) has low transactions costs.
B) is acceptable as a medium of exchange.
C) meets the double coincidence of wants.
D) has intrinsic worth.
E) is not too bulky.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q112: The Bank of Canada makes an open
Q113: The riskiest assets for a chartered bank
Q114: Which one of the following is not
Q115: If Wolfgang transfers $1,000 out of his
Q116: Money market equilibrium occurs<br>A)when the level of
Q118: The opportunity cost of holding money increases
Q119: Real GDP is $2,560 billion, the GDP
Q120: International evidence shows us that<br>A)there is a
Q121: Choose the statement that is incorrect.<br>A)100 percent
Q122: Use the figure below to answer the